Here are five major organizations selling off ASCs in 2024:
Category: Featured
SSM Health trims Q3 operating loss to $21.8M
St. Louis-based SSM Health saw an operating loss of $21.8 million (-0.8% margin) in the third quarter of 2024, ended Sept. 30, up from a $35.1 million operating loss (-1.4% margin) during the same time period in 2023, according to its most recent finan…
Anesthesia providers brace for crisis amid Anthem BCBS pay policies
Anthem Blue Cross Blue Shield has made two significant moves this year that anesthesia leaders say will further diminish reimbursements, compounding existing challenges.
Is the ASC industry in danger of 'oligopoly'?
The ASC industry is historically fragmented, with approximately 68% of facilities operating independently as of 2023. However, as consolidation gains traction, industry leaders are voicing concerns about the potential negative effects on administrators…
U of California workers begin 2-day strikes: 5 things to know
AFSCME Local 3299 — a union representing University of California service and patient care workers — and members of the University Professional and Technical Employees at the University of California San Francisco are both scheduled to begin strikes No…
Cone Health taps chief health equity officer
Olu Jegede, MD, has been appointed chief health equity and community impact officer at Greensboro, N.C.-based Cone Health.
NorthBay's $250M plan to deliver ambulatory care closer to home
In his second year as president and CEO of Fairfield, Calif.-based NorthBay Health, Mark Behl is prioritizing ambulatory and outpatient care to meet growing demand and diversify revenue streams.
West Virginia gastroenterologist found guilty of tax fraud, faces up to 204 years in prison
A gastroenterologist in Wheeling, W.Va., has been found guilty of failing to pay nearly $2.5 million in payroll taxes, according to a Nov. 20 report from NBC affiliate WTOV.
AGA issues new GI disease guidelines
The American Gastroenterological Association has released updated guidelines for treating moderate-to-severe ulcerative colitis.
Billings Clinic-Logan Health Oracle EHR rollout to begin in 2025
Billings Clinic-Logan Health, based in Kalispell, Mont., will roll out a new Oracle Health EHR system starting in 2025, Flathead Beacon reported Nov. 19.
